Topic: Is BNB the ETH of 2017? (Read 986 times)
Despite hacking, binance is becoming successful in providing quality service to its customers and in that sense, BNB will become the king of crypto exchange in the days to come. Still BNB is not picking its pace due to various reasons including failure of altcoins taking over the market. I hope BNB will become ETH of 2017 over time.
talking about growth, that view is correct. because BNB is really making every investor astounded about his development as well as his importance in the crypto market.
but now they are taking advantage of their power to make the transaction fees more expensive.
This is a big problem in the future. Should we continue to trust BNB or let them show their power?
but now they are taking advantage of their power to make the transaction fees more expensive.
This is a big problem in the future. Should we continue to trust BNB or let them show their power?
With BNB finances, anything can make you happy because this is a coin that is supported greatly by everyone, so the price increase is only a matter of time. In October, there will be a burn phase of BNB and this is what can make the value of this coin grow quickly. I encourage people to invest in BNB because this is the most potential coin to date and the BNB platform is supporting a lot of other projects.
The year of 2017 was fantastic for the crypto markets, led by Bitcoin with 20x gains, while many altcoins gained even more: Of the major ones, Ethereum had outperformed, as it became the “coin of the ICOs.” Thanks to the Ethreum blockchain based ERC-20 token mechanism, projects could easily raise funds in ETH via their ERC-20 ICO smart contracts.
We do identify some similarities between BNB of 2019 to ETH of 2017, whereas BNB is the coin used to participate in fundraising events taking place on Binance Launchpad. Following two successful fundraising events, Binance is looking forward to March Celer Network fundraising.
Another similarity is the negative correlation to Bitcoin. During 2017, when BTC moved up, altcoins moved down and vice versa. Some altcoins, such as Ethereum, had the highest inverse correlation in comparison to Bitcoin. In 2018, mostly there was a positive correlation between Bitcoin and the altcoins. Over the recent month, we can definitely see such inverse correlation between BNB and BTC.
We do identify some similarities between BNB of 2019 to ETH of 2017, whereas BNB is the coin used to participate in fundraising events taking place on Binance Launchpad. Following two successful fundraising events, Binance is looking forward to March Celer Network fundraising.
Another similarity is the negative correlation to Bitcoin. During 2017, when BTC moved up, altcoins moved down and vice versa. Some altcoins, such as Ethereum, had the highest inverse correlation in comparison to Bitcoin. In 2018, mostly there was a positive correlation between Bitcoin and the altcoins. Over the recent month, we can definitely see such inverse correlation between BNB and BTC.
Those two tokens have completely different philosophy, ETH is much bigger than BNB and I hardly doubt that BNB would get into top three altcoins when IEO trend will be over. It is just around the corner, because Binance IEOs are not giving x30 anymore.
talking about growth, that view is correct. because BNB is really making every investor astounded about his development as well as his importance in the crypto market.
but now they are taking advantage of their power to make the transaction fees more expensive.
This is a big problem in the future. Should we continue to trust BNB or let them show their power?
BNB has surprised many people when its growth rate is surprising this year. It is very well developed even though the risks are still there, the frauds still exist but they still ensure the security of investors. I think it is worth making the transaction fee a little more expensive to improve the risks of making it the second ETH. but now they are taking advantage of their power to make the transaction fees more expensive.
This is a big problem in the future. Should we continue to trust BNB or let them show their power?
talking about growth, that view is correct. because BNB is really making every investor astounded about his development as well as his importance in the crypto market.
but now they are taking advantage of their power to make the transaction fees more expensive.
This is a big problem in the future. Should we continue to trust BNB or let them show their power?
but now they are taking advantage of their power to make the transaction fees more expensive.
This is a big problem in the future. Should we continue to trust BNB or let them show their power?
Well BNB has really tons of use case here
1) ICO Lottery Tics
2) Pay with Fees
3) Burning Mechanism which ensure the supply go lower
I wouldn't say BNB chain is a very strong point there but BNB token has really quite some use case here
1) ICO Lottery Tics
2) Pay with Fees
3) Burning Mechanism which ensure the supply go lower
I wouldn't say BNB chain is a very strong point there but BNB token has really quite some use case here
BNB are getting more popular and prices can't be lost, they continue to increase and maybe in the future BNB will become the next ETH that is widely used by everyone
The main reason because binance was a very important product like its exchange site. I believe binance will become a big company like what already achieved by binance right now without the help from the exchange site's popularity. Triple digits look possible in the next years. 
I'm happy because I converted 3 ETH when the BNB price was around $ 23 and now it is $ 37, although it's hard to say that the BNB is ETH in 2017 but I'm sure BNB Investors are very profitable.
from my experience in trading Ethereum (ETH) I am not too sure that Binance Coin (BNB) can resemble the success of Ethereum in 2017.
however, Binance Coin (BNB) is a very good altcoin and has a very convincing future.
however, Binance Coin (BNB) is a very good altcoin and has a very convincing future.
Well all of that can happen but I don't think there is a similarity between the both, surely the OP wants the BNB price to be high and him want popularize BNB but better equality does't exist. Favoring one another must be prioritized so that investors are more interested in the product your mentioned and must be a story of excellence in the product so that investors also see it too.
BNB are getting more popular and prices can't be lost, they continue to increase and maybe in the future BNB will become the next ETH that is widely used by everyone
Yes why not, we are all open to adopt new top coins even if I do have ETH. I know BNB is a good exchange and that’s why they are gaining popularity right now because they go for the best and they do their best. I do think that BNB will be the future of good exchange, the exchange who grows a lot every year, and can be a top 2 coin if ever, but I still go for ETH as a blockchain technology itself. BNB is currently experiencing a significant increase in prices, the movement of the BNB is the same as the ETH movement and this may be used as a surprise like in 2019. This can be used as a good step for investment.
market conditions are still different, friends, we cannot equate it. where in 2017 etheruem has been used many projects for their blockchain. but now BNB has just released Blockchain and not many projects have used it. 
BNB is currently experiencing a significant increase in prices, the movement of the BNB is the same as the ETH movement and this may be used as a surprise like in 2019. This can be used as a good step for investment.
I think BNB is just for exchange platform and we al know that in their exchange many are using bitcoin and eth so I think there's a big differences to both ethereum and BNB coins. It's the same good coin and worth it to buy.
BNB are getting more popular and prices can't be lost, they continue to increase and maybe in the future BNB will become the next ETH that is widely used by everyone
I don't deny this fact about the non-expected growth potential of the Binance coin. It has changed the game rules for many projects with offering an IEO token sale. BNB has made a huge development with the decentralized trading platform but this is not enough for reaching the ETH blockchain.
but if I see a BNB that is growing very rapidly by carrying out the IEO on its own exchange this greatly boosts prices for the future and I see this very stable business will be the toughest competitor ethereum but there are still many people who still believe in ethereum because both coins have value future investment.
BNB has become extremely popular this year, but still, we cannot compare this token with Ethereum. I doubt that Binance coin will manage to do the same thing which ETH managed to do - start to be a competitor of BTC for some time.
Even I believe the same, Binance coin value was around 6 USD and reach 35 USD in the market now. Today I have exchange $900 worth of bnb to bitcoins.
This price motors majorly happened because of their IEO market and their lottery format on investing towards it.
I expect maximum BNB will increase to 50 USD
This price motors majorly happened because of their IEO market and their lottery format on investing towards it.
I expect maximum BNB will increase to 50 USD
Of course, I have repeatedly met a lot of information that Binance is always compared to ethereum, especially gash 2017. But I would not like to see the same situation when the market of ico companies negatively affected the next period of development of ethereum. Perhaps the same story awaits BNB.
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